Latest / The Property Academy Podcast
This New Law Will Change Property Prices Forever
One party is proposing to tax the land under your house – around $23,000 a year on a typical section, whether you sell or not. So, what would it actually do to house prices, and who wins and loses?
In this episode, Ed and Andrew give a fair, unbiased breakdown of TOP's proposed land tax.
You'll learn:
What a 1.75% land tax would cost you each year
Why it could push house prices down 10-15%
Who benefits and who's hurt most
It's a proposal, not law ... and TOP isn't in Parliament yet. But with the party near the threshold, it's worth understanding before 7 November.
Let us know your thoughts by…
The skinny
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